Whalesbook
India is in a strong position to negotiate with the US on trade tariffs, thanks to a resilient economy and less severe export impact than expected. Despite US tariffs of up to 50%, India's exports to the US fell only 8.6% in October, a smaller decline than in September. This resilience, coupled with government support for exporters and expansion into other markets, allows India to adopt a 'wait and watch' approach for favourable terms, even as discussions progress on potential duty reversals and tariff easing.